by • April 26, 2016 • No Comments
PyroGenesis, a Canadian listed company (PYR.V) with a market capitalisation of $25M had been until not long ago fundamentally a fabricator of plasma-based systems that generated one-of-a-kind titanium powders that are greatly sought after by the Additive Manufacturing industry. These powders are one-of-a-kind in that they are tiny, spherical, and uniform, enabling them to flow like water; a characteristic that is incredibly worthwhile in industries such as 3D printing.
The company announces nowadays that a future customer, acting as an independent third party, has analyzed a sample of PyroGenesis’ titanium powders generated via the Company’s patented powder production innovation and discovered that, after via laser diffraction, a generally accepted industry standard for such testing, over 90% of the powders analyzed are at a lower place 106μm and additional worthwhilely, over 50% are at a lower place 45μm.
“These are indeed unprecedented results,” said P. Peter Pascali, President and CEO of PyroGenesis. “We can ponder of no other innovation that can provide such a particle dimensions distribution. The Additive Manufacturing market is may already divided into two principal segments of customers: (i) those that need powders between 15μm and 45μm and (ii) those that need powders between 45μm and 106μm. This independent analysis reflects that the primaryity of our powder production is inside these two sweet spots, and additional validates our new decision to re-enter the Additive Manufacturing market and spin-off these capabilities to its existing shareholders.”
In 2015, the Company revealed that it created worthwhile improvements to its existing innovation, that improvements resulted in the Company filing for a provisional patent and additional not long ago, resulted in the Company’s decision to re-enter the Additive Manufacturing industry and become a supplier of titanium powders.
PyroGenesis may address 30% of the 3D Printing metal powder market
The tiny, spherical, uniform titanium powders, such as those generated by PyroGenesis’ patented innovation, can immediately address over 30% of the 3D Printing metal powder demand.
“This is incredibly amazing for PyroGenesis,” said P. Peter Pascali, President and CEO of PyroGenesis, “as we are fundamentally building “the ink” for 3D printing equipment. PyroGenesis has, a number of years ago, may already generated these tiny, spherical, uniform, titanium powders for the biomedical industry, particularly for bio-medical implants. We stopped building powders as we may not sell all of the powder generated yet with the advent of 3D printing, and the demand for titanium powders, such as ours, expanding daily, the economics are far too compelling for us to ignore. We cannot get back into the business swift enough.”
“This is just the beginning,” said Pierre Carabin, Director of Engineering of PyroGenesis. “The fact that we, at PyroGenesis, have one of the biggest concentrations of plasma expertise in the world, with over 250 years of combined experience, together with our relationships with primary Universities performing cutting edge plasma research and development, gives us a clear advantage over our competitors when it comes to improving our existing capabilities. We have just skimmed the surface with respect to the number of improvements we plan on building over the course of the coming year, and our good results to date proves the one-of-a-kind skills and inventiveness that exists inside PyroGenesis’ technical team.”
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